| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Has the Return on Australian Public Investment in Agricultural Research Changed?
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| Autores: |
Binenbaum, Eran
Mullen, John D.
Wang, Chang Tao
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| Data: |
2008-05-09
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| Ano: |
2008
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| Palavras-chave: |
R&D
Rate of return
Agricultural productivity
Public investment
Research and Development/Tech Change/Emerging Technologies
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| Resumo: |
We examine whether there has been a decline in the returns from Australian public investment in research on broadacre agriculture. Complementing a forthcoming paper by Mullen, we use alternative specifications for the regression equation, which employs the log of total factor productivity (TFP) as the dependent variable. The rate of return is computed on an annual basis rather than by using multi-year averages. In contrast to Mullen’s earlier preliminary analysis, we have now found some evidence of a decline in the rate of return on public R&D investment, lending some support to recently voiced concerns on this matter.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
29728
http://purl.umn.edu/6016
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| Relação: |
Australian Agricultural and Resource Economics Society - 2008>2008 Conference (52nd), February 5-8, 2008, Canberra, Australia
Conference Paper
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| Formato: |
13
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